Current Interest Rates for Loans made by College Foundation, Inc. 

Below are interest rates for existing EXTRA Education Loans. "Date Made” is the date the lender disbursed the first (or only) installment of loan proceeds by check or EFT.

 

EXTRA Education Loans

Existing EXTRA Education Loans receive a variable interest rate for the life of the loan based on the date the loan is made. Loans made on or after 07/01/09 have a 7% minimum. Accrued, unpaid interest is capitalized at repayment

Date Made Interest Rate Valid Until Variable Rate
Before 07/01/08 03/31/24 8.50%
Between 07/01/08 - 06/30/09 03/31/24 8.61%
On or after 07/01/09 03/31/24 8.61%

 

EXTRA MBA Loans

Existing EXTRA MBA Loans receive a variable interest rate for the life of the loan based on the date the loan is made. Loans made on or after 07/01/09 have a 7% minimum. Accrued, unpaid interest is capitalized at repayment

Date Made Interest Rate Valid Until Variable Rate
Before 07/01/09 03/31/24 9.50%
On or after 07/01/09 03/31/24 8.61%